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Creating Business Plans (HBR 20-Minute Manager Series)

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A well-crafted business plan generates enthusiasm for your idea and boosts your odds of success—whether you’re proposing a new initiative within your organization or starting an entirely new company. Creating Business Plans quickly walks you through the basics. You’ll learn to: • Present your idea clearly • Develop sound financial plans • Project risks—and rewards • Antici A well-crafted business plan generates enthusiasm for your idea and boosts your odds of success—whether you’re proposing a new initiative within your organization or starting an entirely new company. Creating Business Plans quickly walks you through the basics. You’ll learn to: • Present your idea clearly • Develop sound financial plans • Project risks—and rewards • Anticipate and address your audience’s concerns Don't have much time? Get up to speed fast on the most essential business skills with HBR's 20-Minute Manager series. Whether you need a crash course or a brief refresher, each book in the series is a concise, practical primer that will help you brush up on a key management topic. Advice you can quickly read and apply, for ambitious professionals and aspiring executives—from the most trusted source in business. Also available as an ebook.


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A well-crafted business plan generates enthusiasm for your idea and boosts your odds of success—whether you’re proposing a new initiative within your organization or starting an entirely new company. Creating Business Plans quickly walks you through the basics. You’ll learn to: • Present your idea clearly • Develop sound financial plans • Project risks—and rewards • Antici A well-crafted business plan generates enthusiasm for your idea and boosts your odds of success—whether you’re proposing a new initiative within your organization or starting an entirely new company. Creating Business Plans quickly walks you through the basics. You’ll learn to: • Present your idea clearly • Develop sound financial plans • Project risks—and rewards • Anticipate and address your audience’s concerns Don't have much time? Get up to speed fast on the most essential business skills with HBR's 20-Minute Manager series. Whether you need a crash course or a brief refresher, each book in the series is a concise, practical primer that will help you brush up on a key management topic. Advice you can quickly read and apply, for ambitious professionals and aspiring executives—from the most trusted source in business. Also available as an ebook.

30 review for Creating Business Plans (HBR 20-Minute Manager Series)

  1. 5 out of 5

    Juan Castro

    Key Concepts • Creating a business plan is a vital step in the life of a business. It generates buy-in and enthusiasm, improves the odds of success, helps to raise capital, and sustains the business over time. • A business plan should be organized around four factors that are important to every new venture. These are the people, the opportunity, the context, and the risk and reward. • Most business plans follow a general structure. The components include the executive summary, the business description Key Concepts • Creating a business plan is a vital step in the life of a business. It generates buy-in and enthusiasm, improves the odds of success, helps to raise capital, and sustains the business over time. • A business plan should be organized around four factors that are important to every new venture. These are the people, the opportunity, the context, and the risk and reward. • Most business plans follow a general structure. The components include the executive summary, the business description, industry background, analyses of the market and the competition, and the description of the management team, as well as the operation plan, the marketing plan, the financial plan, and attachments. • An effective business plan provides a profile of the proposed business. This should include how it addresses a clear business need, why customers would want to buy its products or services over competitors’, and how it fits in the context of the larger business environment. • The key to turning a solid business plan into a successful venture is the leadership team. The plan should highlight the qualifications, accomplishments, and professional reputations of the people who will run the business and those who will provide key resources and services. • The plan should address the everyday operations and underlying strategies of the business. This allows an entrepreneur to address possible problems and solutions. • The marketing plan shows how the business will promote and sell its products or services. It covers opportunity, buying behavior, the customers’ value to the venture, and a review of objectives.

  2. 4 out of 5

    SILeadership

    As a business owner or entrepreneur, one should know the importance of defining and displaying business plans. The Book "Creating Business Plans" will help to understand the importance of writing down the business plans. On the top of that, it will quickly walk you through the basics and will help you to understand how to develop and present your idea clearly. Due to its small size, it's very handy to carry away along with you and can be a good travelling partner… Watch full book review by SIL Fo As a business owner or entrepreneur, one should know the importance of defining and displaying business plans. The Book "Creating Business Plans" will help to understand the importance of writing down the business plans. On the top of that, it will quickly walk you through the basics and will help you to understand how to develop and present your idea clearly. Due to its small size, it's very handy to carry away along with you and can be a good travelling partner… Watch full book review by SIL Founder and one of the finest business coach Dr. Yogesh Pawar at: https://youtu.be/SZYb-6J1iFA

  3. 5 out of 5

    Jason

    Content is mostly padded by a simple "example" business plan--probably half the already very short book. Overall, this takes you through the right questions to ask and the necessary content to include in your business plan, but is very much for beginners who have never designed and pitched any kind of project before. Perhaps a good primer for the analyst stepping up to the project design plate for the first time. If you're going after real VC investment, though, you will need a lot more help to Content is mostly padded by a simple "example" business plan--probably half the already very short book. Overall, this takes you through the right questions to ask and the necessary content to include in your business plan, but is very much for beginners who have never designed and pitched any kind of project before. Perhaps a good primer for the analyst stepping up to the project design plate for the first time. If you're going after real VC investment, though, you will need a lot more help to succeed.

  4. 4 out of 5

    Radoslava Koleva

    Good high-level advice how to structure your business plan. It might not be enough to help you create a really proficient masterpiece to wow people, but it's a great starting material. Very quick read and written in concise easy-to-grasp way. Recommend for anyone with a hazy business idea who want to structure it a bit before they start any real work on it. Good high-level advice how to structure your business plan. It might not be enough to help you create a really proficient masterpiece to wow people, but it's a great starting material. Very quick read and written in concise easy-to-grasp way. Recommend for anyone with a hazy business idea who want to structure it a bit before they start any real work on it.

  5. 4 out of 5

    Ercüment UZ

    A handy book on preparing business plans. Written precisely. Not a very detailed one, since it contains less than 100 pages excluding index, quiz, reference and further reading, but still it is one of the best step-by-step guides. Strongly recommend it.

  6. 5 out of 5

    Brian

    Perfect quick guide and easy read. I intend to use this an a few others as a quick reference guide. I recommend this book to any self learner interested in business.

  7. 5 out of 5

    Archit

    Boilerplate. The book contains a very superficial overview of the elements in a business plan.

  8. 5 out of 5

    Olatomiwa Bifarin

    Delivers its promise. 

  9. 5 out of 5

    Vianna

    Good introduction to the topic for a teenager

  10. 4 out of 5

    Mark Stapel

    This review has been hidden because it contains spoilers. To view it, click here. Audible Book Added notes and also have Kindle Edition.

  11. 4 out of 5

    Naveen Kumar

    #86 of 100 self help books Short and informative

  12. 4 out of 5

    Joseph Willie

    Not bad but not what I expected

  13. 4 out of 5

    Annette McIntyre

    A very easy to read and understand book on how to write a business plan, why they're important and has a case study included so that the steps are easier to understand. A very easy to read and understand book on how to write a business plan, why they're important and has a case study included so that the steps are easier to understand.

  14. 4 out of 5

    Liber

    Knowing what your business is all about is not enough without carefully laid out plans to execute its underlying ideas. This is the reason why creating business plans is very essential. Business plans helps to clarify not only to the entrepreneur but also to investors and other stakeholders the real purpose of business and how it will work. This book by Harvard Business Review Press is full of ready to execute steps for any entrepreneur to create a business plan that will communicate the soul of Knowing what your business is all about is not enough without carefully laid out plans to execute its underlying ideas. This is the reason why creating business plans is very essential. Business plans helps to clarify not only to the entrepreneur but also to investors and other stakeholders the real purpose of business and how it will work. This book by Harvard Business Review Press is full of ready to execute steps for any entrepreneur to create a business plan that will communicate the soul of a business. It is very easy to read and the steps are really easy to follow. If you want to get the most efficient way to know how to create a business plan, read this book.

  15. 4 out of 5

    Saketh

    Good summary of important aspects of a business plan. No new insights. Just a crisp summary of existing ideas. More from an entrepreneurial perspective than a managerial perspective.

  16. 4 out of 5

    Elaine T

  17. 5 out of 5

    Anas Aboutaoufik

  18. 5 out of 5

    Elvis

  19. 4 out of 5

    Nazim Süleymanov

  20. 4 out of 5

    Javad Amiri

  21. 5 out of 5

    Mayank Garg

  22. 5 out of 5

    Wafaa Abu Saadah

  23. 5 out of 5

    Abhishek Kumar

  24. 5 out of 5

    Azhar Ali

  25. 4 out of 5

    Léa Yared

  26. 5 out of 5

    Cesar PGL

  27. 5 out of 5

    Marcella

  28. 5 out of 5

    Hicham Balkouch

  29. 4 out of 5

    Beka_68

  30. 4 out of 5

    Santiago Escobar

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